ut is confrontation,” said Solana, who is currently president of the ESADE Center for Global Economy and Geopolitics of Spain.
The senior politician and diplomat expressed concerns over the trade frictions between China and the United States, w
hich have conducted 11 rounds of trade negotiations, but have yet to reach an agreement.
The world’s two largest economies should engage in dialogue on an equal footing, Solana said.
“If they fail to resolve their trade problems, the global economy will start to suffer from this crisis,” he said.
In a global situation where protectionism and unilatera
lism are on the rise, a multilateral approach has to be maintained, he said.
Solana praised China’s hosting of the Conference on Dialog
ue of Asian Civilizations, and said this type of event could boost cooperation among different countr